Financial firms want a bigger piece of the $10 trillion in America’s 401(k) plans, and the Trump administration is planning a regulatory rollback to encourage less-regulated — and often riskier — investments.
Pensions are invested in the market too, and sometimes badly managed and can fail or reduce benefits, and 401ks work fine, historically anyway with some knowledge, can’t know the future, but the wealthy like when it goes up too. Follow the early retirement formula 4% guide, index funds, don’t try market timing, when market is down and it’s payday the new shares are on sale, as retirement approaches adjust allocation if desired, or stay all VTI or VUG from early 20’s to retirement. I didn’t come up with this, got from Mr. Money Mustache, and he got from Boggleheads or whatever. This blog is good too https://livingafi.com/2014/01/21/how-to-live-in-corporate-prison/ Good luck!
Pensions are invested in the market too, and sometimes badly managed and can fail or reduce benefits, and 401ks work fine, historically anyway with some knowledge, can’t know the future, but the wealthy like when it goes up too. Follow the early retirement formula 4% guide, index funds, don’t try market timing, when market is down and it’s payday the new shares are on sale, as retirement approaches adjust allocation if desired, or stay all VTI or VUG from early 20’s to retirement. I didn’t come up with this, got from Mr. Money Mustache, and he got from Boggleheads or whatever. This blog is good too https://livingafi.com/2014/01/21/how-to-live-in-corporate-prison/ Good luck!